News Block: Bitcoin Breaks $50k, Yellen Admits Prices Won’t Fall, Putin Says U.S. Killing the Dollar, Biden Calls Out 'Shrinkflation'

Feb 13, 2024

In this week's episode of the Coin Stories News Block powered by Bitdeer (NASDAQ: BTDR), we cover the major headlines related to Bitcoin and global finance:

• Bitcoin Breaks Through $50,000 for First Time Since 2021
• President Putin Says the US is Killing the Dollar 
• Housing Affordability Still Near All-time Lows 
• President Biden Blames Companies for Shrinkflation 
• Microstrategy Becomes a Bitcoin Development Company

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The News Block is powered exclusively by Bitdeer Technologies Group (NASDAQ: BTDR), a publicly-traded leader in Bitcoin mining that stands alone as the only vertically-integrated, technology-focused Bitcoin mining company. Learn more at www.bitdeer.com. 

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References:

• Bitcoin Breaks Through $50,000 for First Time Since 2021
• Genesis Asks Bankruptcy Judge to Sell GBTC Shares 
• Record Gold Buying by Central Banks in 2022, 2023
• President Biden’s Announcement on Shrinkflation 
• Jeff Booth’s Tweet on Shrinkflation 
• Yellen Says Prices Unlikely to Decline 
• Yellen’s Testimony to House Financial Services Committee
• Homebuilders Are Shrinking the Size of New Homes 
• US Homes Have Increased More Than 19% Since Pandemic
• US Housing Affordability Near Record Lows
• January CPI Comes In Above Market Expectations
• Microstrategy Slide on Bitcoin Development Company 
• Saylor Tweet on Bitcoin Development Company

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This podcast is for educational purposes and should not be construed as official investment advice.

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#money #Bitcoin #investing